I would like to know too, I have been seeing the 10X quote allot but the 30x is new.
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Crazy,
Just kidding, I would almost pay this too but I am not sure I can make it and if I could it would only to do a meet up with you all.
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Ah ha the evil empire is winning . All this tells me is that us folks in San Bernardino are so hard up looking for a way out that those who have figured out bitcoin are mining the shit out of it so we can get the hell up out of here . That and you all in the nicer places to live are just enjoying the good life so much that bitcoins are not a major focus because the beach life is oh so good. Well it is nice to see that San Bernardino has the most and happy to help put something together but I would be just as happy going to OC or San Diego. I am not a fan of LA just because of traffic. Why don't we try to offer specific locations to meet and we can work the date and time from the one or two top options? I will go first= Yard House 12473 North Mainstreet, Rancho Cucamonga, CA MAP: http://maps.google.com/maps?q=12473+North+Mainstreet,+Rancho+Cucamonga,+CA&hl=en&sll=34.094715,-117.579846&sspn=0.16561,0.239639&t=h&gl=us&hnear=12473+N+Main+St,+Rancho+Cucamonga,+California+91739&z=17Just offering an idea, open to any other ideas we have
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Ha, just found this. Funny .
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Did GLBSE ever verify the identity of Pirate40 ?
Why would we verify pirate40? He never listed listed anything on GLBSE. How are we supposed to verify people who don't even use our platform? So why was GLBSE brought up in this topic ? Same reason BFL was, the guy mentioned us in passing when asking about pirate. This SEC guy is sneaky Maybe I should go down and meet him. Not sure if its a good idea. What do you think ? That is a great idea but you might want to talk to your lawyer to be safe. It would be nice to hear your feedback but not at the cost of exposing your operation.
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I would love to see the shop but can't afford the ticket. For us poor folks could you video the tour and post it?
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No offense to BitcoinINV, but I would prefer that information about bitcoin that will be used IN COURT is not provided by random forum users.
In addition, please do not inadvertently link BFL to pirate's scam. BFL has not violated an SEC regulations as far as I know.
To add if BFL did violated an SEC regulation please tell, I can't figure that one out. Ok, well that explains the pirate approach but SEC is going to have a problem with connecting BFL. Again this sounds like an SEC agent trying to make a case to make a name. This whole discussion is sad and short sided. Pirate sucks we all know that but I would think we all support bitcoin or somthing like it but if you want to see it end keep poking the bear. Washington will come down on this whole thing so fast and we can go back to business as normal.
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No offense to BitcoinINV, but I would prefer that information about bitcoin that will be used IN COURT is not provided by random forum users.
In addition, please do not inadvertently link BFL to pirate's scam. BFL has not violated an SEC regulations as far as I know.
To add if BFL did violated an SEC regulation please tell, I can't figure that one out.
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GLBSE is based in the UK and is subject to regulation by the Financial Services Authority (FSA), we are in the process of becoming a registered company that meets all conditions to carry on business.
We have not been contacted by the SEC and are not subject to SEC regulation.
Nefario.
How can GLBSE be under FSA? Won't that be an issue once you are a registerd company? I agree with you on SEC. Just asking because I have had little involvement with FSA but I understood that they followed the same views as the SEC when it comes to companies that their ownership is traded, public or private.
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Sorry, I did not see this but here is what I don't understand (also I would like to know if anyone here has taken the Series 7 exam) how can SEC be involved in this problem both for pirate and BFL. Securities Exchange Commission deals with registered securities so who registered with them from either group? Companies such as BFL become state problems in which they are legal entities for and same with any pirate ventures as well. As for GLBSE again did they register as a US entity and trade company securities and not bitcoin developed or funded properties. Again SEC would work with the state the company was established in and they also not discuss the status of an individual who is under criminal investigation.
Basically if an SEC agent did call which could happen it is someone trying to make a name for themselves. Any SEC investigation will yield nothing but if you wanted to have teeth in this I would have been worried if you said Secret Service since they handle currency issues which Bitcoin does that since it used to transfer funds arround the world.
As for BFL not sure why SEC would care since they are a privately held company but if that is not the case let me know so I can get some stock or bonds.
We use the terms stocks and bonds but that does not mean that SEC has jurisdiction over them since it is not a registered or recognized instrument. If that was the case, the next bogus coupon you see or even coupon managment at the grocery would fall under SEC if we follow this train of thought. I really don't want to get broker dealer license just to by some milk but maybe you do.
Enjoy and yes I do have a finance background and I have worked with the SEC.
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Can we expand the bet, I will bet with Inaba
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This is a good thing for bitcoin
Agreed, this could turn into a major outlet for funds if the financial screws get tighter.
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Looking at that pic BFL are so going to get sued! Apple doesn't care what the device does. No one is allowed to think like them. BFL won't get sued just and here is why, look at all the vast number of other devices on the market that look like apple stuff and are not apple. There are hundreds of examples of the same look and feel but don't operate at all like the device it is copying. Now if this BFL device will mine coins, warm coffee and do entertainment through my TV then they might have an issue.
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Probably a joke..
They aren't quantum boxes he is holding. They are a technology developed for a space project. Called a Bloom Box. It produces energy rather than mining. Google and a few other companies have been using them to produce cheap electricity. Ref: http://onlygizmos.com/the-bloom-box-green-energy-for-the-future-video/2010/02/Theres a 60 minutes video on it at the link above. This might be useful to miners (in terms of cheap electricity) in the future. It is only useful if you can afford a box. The company leases their equipment and the cost is huge but yes it is the bloom box cell he is holding in each hand.
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https://plus.google.com/109620439233076225324/posts/bLJRDHApjSPThis is great news and glad this is all happening. I am really glad that the posts being made are answering allot of questions and this just shows me it is a solid business being operated. I say move from this thread to the others that have more information and I am glad we can move forward.
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Awesome! I've already gotten tired of using Gox the past couple of weeks. Just sent some funds in, and will resume regular trading.
This is great news and what we all needed to see. As soon as I have some coins I will be working with you again (later in the week).
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Hey you all, has any one seen that bitfloor is back up? It looks like we could use it again but I don't see any news about this along with the plan on the repaying the coins? Hello anyone, info please
Hmm. 100% cold storage. Hmm. 100% fractional reserve. Doesn't look like it. The lost coin balance is reported but shown as "hold" (i.e. untradable). My guess would be that as it is repaid the "hold" balance is reduced and the available balance is increased. That is what I was thinking as well but it would be nice to know if that is the plan or what? At this point I am glad to see it is not gone (both the site and my balance).
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Hey you all, has any one seen that bitfloor is back up? It looks like we could use it again but I don't see any news about this along with the plan on the repaying the coins? Hello anyone, info please
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I have 3 BFL products and there are lots of posts here with people spending 15k and getting product so don't worry about your $150 investment I have 10k down on SCs. Cheers Davinci Same here - I've got singles and have invested in asic upgrades for them. Ditto and I have BFL gear running that I see and touch every day. I also have my SC order in as well.
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I also do not believe that he has a lawyer.
I am starting to think he does have a lawyer but not to protect him but to help figure out how to run. Lawyers are a dime a dozen and I am sure he can toss a few dimes to get one. All I can say is this is one long con so maybe it is not a con in a way. Maybe what has happened is he lost all the coins in a ponzi but was not a ponzi but a cry for help and or attention. He enjoyed the attention and then when the money ran out he is enjoying all the attention he is getting from us asking where the coins are. Basically it sounds like he needs a hug . Anyone want to go and hug him, I am sure some do but not in a way you would expect for someone who is emotionally scarred. The good news is he is getting the attention he needs from this and that is why the date just keeps going and going further and further out. Feel good your helping someone with issues. Popcorn anyone and by the way I did pay for this entertainment so I can chime in.
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